BZDYF Total Risk Alpha

BZDYF Etf  USD 30.35  0.00  0.00%   
BZDYF total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for BZDYF or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
BZDYF has current Total Risk Alpha of 0.0433. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha


RFR + (ER[b] - ER[a])


STD[a] / STD[b]

ER[a] = Expected return on investing in BZDYF
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on BZDYF
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

BZDYF Total Risk Alpha Peers Comparison

BZDYF Total Risk Alpha Relative To Other Indicators

BZDYF is second largest ETF in total risk alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  125.55  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for BZDYF is roughly  125.55 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare BZDYF to Peers

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